Jidosha Buhin Kogyo Co., Ltd. Business Report FY ended Mar. 2014
|(in millions of JPY)|
|FY ended Mar. 31, 2014||FY ended Mar. 31, 2013||Rate of Change (%)||Factors|
|Sales||61,270||57,207||7.1||-Primarily, due to reconstruction demand in the domestic and public works projects.|
|Operating income||2,535||2,313||9.6||-Significant increase in sales|
|Current net income||2,390||1,867||28.0|
Three-way administrative merger
-The Company, I Metal Technology and TDF Corporation consolidated their operations through establishing a joint holding company by jointly transferring their equity shares. In Oct. 2013, IJT Technology Holdings Co., Ltd. was established, and these three companies become wholly own subsidiaries of the Company.
R&D Activities-Under its partnership with JBK Services, which mainly involves R&D activities, the Company is jointly researching and developing automotive parts used in diverse powertrains.
-Part of the activities in advanced technological products are being conducted jointly with Isuzu.
- Developed various types of propeller shafts primarily for medium and light-duty trucks
- Power take off systems to meet various needs for mounting
- Engine components like rocker arms and flywheels
- Propeller shafts and drive plates for compact vehicles targeted at the overseas markets
- Engineered engine components for fuel efficient vehicles
- Conducted assessment of new engines that operate on next generation fuels.
Develop suspension modules for middle and heavy-duty trucks
-IJT Technology Holdings Co., Ltd. (IJTT) will develop suspension modules for middle and heavy-duty trucks. IJTT will establish integrated production system for materials, processing and assembly by utilizing the technologies of its three affiliates: casting technology of I Metal Technology Co., Ltd., forging technology of TDF Corporation, and assembling technology of Jidosha Buhin Kogyo Co., Ltd. The modules will be proposed to commercial vehicle manufacturers and construction machinery makers outside the Isuzu Group, including foreign makers. (From an article in the Nikkan Jidosha Shimbun on February 27, 2014)